Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

Russian Ruble/US Dollar (FOREX:RUBUSD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_RUBUSD
Open High Low RUBUSD Price Change
0.015075 0.015115 0.015010 0.015010 -0.000065
Entry Signal

MarketClub’s Trade Triangles for RUBUSD

long term down The long term trend has been DOWN since Apr 9th, 2018 at 0.01702

intermediate term down The intermediate term trend has been DOWN since Nov 5th, 2018 at 0.01509

short term up The short term trend has been UP since Dec 7th, 2018 at 0.01510

Smart Scan Analysis for RUBUSD

Based on a pre-defined weighted trend formula for chart analysis, RUBUSD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for RUBUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.015075 0.015115 0.015010 0.015010 -0.000065
Prev. Close Volume Bid Ask Time
0.015075 0.015010 0.015010 2018-12-10 12:43:37
Want to analyze Russian Ruble/US Dollar RUBUSD or another symbol? Try our Free Forex Trend Analysis Report.